SAIC Motor Posts Flat Q1 Profit as Revenue Slips Marginally

MT Newswires Live04-30

SAIC Motor's (SHA:600104) attributable net profit barely moved in the first quarter of 2026 at 3.03 billion yuan from 3.02 billion yuan a year earlier, according to a Thursday filing with the Shanghai Stock Exchange.

Earnings per share edged up slightly to 0.265 yuan from 0.264 yuan. The figure beat analysts' 0.13 yuan median forecast in a poll by Visible Alpha.

Revenue slipped 0.3% to 140.4 billion yuan from 140.9 billion yuan, missing the Visible Alpha estimate of 141.4 billion yuan.

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